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20121203
20121203
STATION
CNBC 5
FBC 2
KRON (MyNetworkTV) 2
CNNW 1
LANGUAGE
English 14
Search Results 0 to 13 of about 14
CNBC
Dec 3, 2012 6:00am EST
with the fiscal cliff. have a credible down payment on the tax and spending side. bridge to a grand bargain next year. the fiscal cliff is the symptom. structural deficit is the disease. we need to learn from australia, canada, new zealand, sweden. we need to do it next year. >> all right. >> get dr. dave to washington right away so that we avoid what cramer on "meet the press" this weekend had great line. he said on january 8th when the reporting starts, there will be a foot race to fire people if we don't get this cliff taken care of which is why if we're going over the
CNBC
Dec 3, 2012 6:00pm EST
whipsawing up and down, based on fears about fiscal cliff. and hopes that we might get a possible deal to bridge the fiscal cliff in washington. but through the period these ten growth stocks have held up surprisingly well. i say surprising, because these stocks all had huge gains going into the fourth quarter. and with the fiscal cliff looming, many investors have been selling their biggest winners to take advantage of the low capital gains tax that will likely go away come january. if we get a positive resolution to the fiscal cliff. you'll want to buy these stocks hand over fist. because then they'll really be air to roar. how have the anounted names done? >> amazon starteded at 259, pulled back to 220. before rebounding to 250, where it is right now. google has been pounded. it went from over 760 to below 660, but it's rebounded to 695. mastercard and visa, they took 25-point dives. i told to you buy them into weakness. falling from 475 to 450, and valued to 487. great ones to buy now. a dozen points where above where i recommended. that's it win. visa has moved up nyely from 136 t
FOX News
Dec 3, 2012 1:00pm PST
a bipartisan, avoid the fiscal cliff and pay down the debt type of agreement it would be the best thing that could happen. the market would go up and we would be liking like our future was brighter than a lot of americans think it is today. >>neil: are you smoking anything at all? >>guest: drinking a little coffee. >>neil: quickly, senator, i know you have to go the congressional black caucus has come out with a statement saying, really, leave entitlements alone and focus on hiking taxes. that is the gist of the statement. what do you think of that? >>guest: it does not do it. hiring some people -- higher income people pay a disproportional share of the taxes. and they should. but if you bring the rates back to the rate before president bush it doesnot raise enough to get us to ball. you have to curb the increase in spending on the entitlement programs. if you don't do that, and they are the biggest driver of debt, so, the american people, i think, are ready for us to do something that looks according to conventional politics like a bad idea politically, but, actually, i think the publi
FOX Business
Dec 3, 2012 1:00pm EST
though if the market saw there was at least a down payment on the fiscal cliff, something agreed to be picked up after the first of the year, i think equity prices would be eleased. if we see more polarization leading into the end of the year without any sign of anything getting done, i think that would weigh on equity prices. tracy: talk about what we should be doing because i think we're all kind of the notion this will not happen until december 31st, what could we do before that? should i move maybe my dividend paying stocks into my retirement account? >> you can do that under subject of limitations how much you can put into a retirement account in any given year and predicated whether you work for employer or are self-employed. that is one avenue, if you will of sheltering those growth stocks from taxation at some later point. it isn't going to do much to help you this year, in order to do that you would have to sell them and move the cash into the tax sheltered vehicle. but that said, i think it is prudent anytime to consider where you have sizable capital gains, taking some
FOX Business
Dec 3, 2012 11:00am EST
this year. you have to fiscal cliff coming up. you still have it issues in europe. so, you look at all these things, if you are an investor, you are saying, oh, my gosh, do i keep waiting, do i invest? volatility is here to stay. they need to be invested. lori: i always feel like there are so many things. jill politics to global economy. there are constantly influencing investors. you have to look at what is going on in china. for example, better economic news in asia. it is not, you cannot put blinders on anymore. >> that is exactly correct. what happens in the chinese economy or what happens in the european economy does affect what we need to o here. and how we need to invest. when you look around the world, you have 80% of investors who believe volatility is here to stay. now, the difficulty is you have 70%, three out of four americans who saved it do not have enough for environment. lori: should average investors follow the institutions? >> yeah, you know, one of the things we are seeing is a lot of institutions have held off or have looked at managing risk and mitigating in their
CNBC
Dec 3, 2012 12:00pm EST
the key debate, right? and i think people could be afraid around the fiscal cliff or around supply issues on oil or europe, you know, looking pretty weak. so there's a number of things that could spook people. but i would say the numbers have to come down a lot for 2013. >> adam, sounds like you're more optimistic on china. where do you come out on the commodity side? where would you be investing if at all in that group? >> well, s&p mandate, s&p 500 focused. and materials are 3.5% of the s&p, two-thirds of that is chemicals. so i don't have to make a huge bet on the metals and mining side. and as we wrote about last week and again today, i guess i'm a little bit of a chicken china bull, you know. i'm not so far out in the efficient frontier there to go straight to steel stocks. and that bet. because i still think there is some uncertainty. i feel confident what's in the u.s. market is fear about china. but i would rather play it from some of the quality industrials where i feel there could be some other things that helped them whether it's -- you know, u.s. housing and other things, not
FOX News
Dec 3, 2012 6:00am PST
to the looming fiscal cliff, folks, one top republican says his party does not need to put a plan on the table. is that right? oklahoma congressman tom colatosti with his take on this next. >> this is unsustainable. we have 10,000 baby boomers like me retiring every day. 70,000 this week. 3.5 million retirees this year alone signing up for social security and medicare. people living longer, accessing medicaid. it is not like there is any money in the social security trust fund or medicare trust fund. it has all been spent. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could
FOX News
Dec 3, 2012 8:00am PST
and negotiators sort of sit down and workout some of the road bumps here to avert the fiscal cliff. and they don't see campaign rallies, or campaign maneuvers as the way to do that. that being said i think the white house has set out its course here. i think you'll see something a lot different in the fiscal cliff negotiations from the white house than you saw in say the government shut down negotiations a year ago. you are going to see a much more campaigning, much more campaign-like president obama in the next month. jon: you know, some sort of even partial -- neutral observers are saying that the obama campaign won in part because they did a much better job of harnessing the power of social media in this election and driving their voters to the polls. if that succeeded for them in the election, can they do it when it comes to governing? can they make the country, you know, embrace tax increases, for instance. >> yeah it's a huge question. i think there are folks who think that it can work the same way. there are a lot of others who really question whether or not those sorts of tactics, and, y
CNBC
Dec 3, 2012 1:00pm EST
now despite those fiscal cliff anxieties. they've been pretty steady throughout the day. the s&p 500 broke above its 50-day moving average, believe it or not. earlier in the day it's backed off a little bit. economic news and new data shows u.s. manufacturing falling to its lowest level in three years. and there is a little nervousness about the president taking to twitter at 2:00 p.m. eastern time to talk about the fiscal cliff negotiations that are going on. but it is the first trading day of the month and some on wall street are getting bullish for year end. it is going to be a december to remember, i predict it. >> i think this is one of the reasons we're holding up so well, because december is the best month of the year and we roll into january which is also a very good month. let me show you some sectors that do especially well in the month of december. there's major sectors here. this is the best performing sectors in the month of december, averaged over the last ten years. you can see it is a diverse group -- health care, telecom, utilities. a lots of people play dividend at
KRON
Dec 3, 2012 4:00am PST
not come down to next june of next year. >> both sides on the fiscal cliff situation seems to be far apart. the president must in the bush era tax cut for people making more than $250,000 per year. without a deal the average middle- class family could pay about 200--$2,000 a year more in taxes. house speaker john boehner blanks the spot stalemate on the obama administration. he says they are taken republicans seriously with their plan to close loopholes and deductions without raising taxes. >> we think it would be a wonderful christmas gift for the american people for the middle class a tax cut come january people and we want them to tell the american people why not that they will not do it. we are optimistic. >> the democratic controlled senate has already voted to extend the bush era of cut for incomes that are under $250,000 and led the other is expired. >> moody's analytics predicting there will be a short-term deal reached before the end of the year. we will take a quick break on the kron for morning new we want to go outside and give you a quick look. we will tell you about the power
FOX News
Dec 3, 2012 3:00am PST
, 2012. i'm gretchen carlson. count down to the edge. 29 days from the fiscal cliff and this is what republicans say about the white house's latest offer. >> flabbergasted. he can't be serious. >> gretchen: but treasury secretary tim geithner says republicans need to make the next move. he's straight ahead. >> gretchen: nfl player murders his girlfriend, kills himself. so what does bob costa say during half time? call for a moment of silence perhaps? no, he pushes for gun control. is that really appropriate? >> steve: that's what he did. sibling rivalry starts in the womb and, ladies and gentlemen there, is proof. the sonogram. that's the first round. twins fighting? can you believe it? that's okay. "fox & friends" hour two for monday starts right now. >> brian: can i lean over now? >> steve: yeah, go ahead. >> steve: that is an extraordinary picture. >> gretchen: it is extraordinary because could it be that the twins in the womb are going no, you move over! i want more food out of that umbilical colored. >> brian: the one thing about that uterus, it's tight in will. >> gretchen: i'm
KRON
Dec 3, 2012 7:00am PST
year. >> 28 days till the fiscal cliff a combination of automatic tax increases and spending cuts congress. president obama this is a plain political chicken right now. he is proposing that 600 billion in spending cuts and 200 building and is spending to stimulate county the economy. this say that republicans do not have a plan right now so we are in limbo until congress acts. hopefully the two weeks will get together and get through their talks. >> three firefighters were involved in a net accident and weather-related they were on the shoulder of the highway when a car slammed into the side of the fire engine. three firefighters were hurt and the driver of the car that was involved in the original accident on the side of the road was hurt as well from the second car. here are photos of the firefighters and there in the hospital. two of the needed surgery but three of them all three are expected to survive. this 737 and a live look outside and san jose and traffic is moving slowly working its way. there is lots of sunshine. >> san jose has marked its 43rd homicide of the year. the
CNBC
Dec 3, 2012 9:00am EST
down -- moving down since the middle of the year. the responsibilities on the fiscal cliff -- if the program put in place is more taxes and big spending cuts, which will push us toward a recession, forgive it. and that's what we're getting. more taxes and big spending cuts. so the idea here is this sort of overall concern that the fiscal cliff issue, even if it's resolved, means more austerity. and that's a problem overall for the markets here. take a look, though. we've held up reasonably well in the ism manufacturing. this goes back for the last several years. the big concern here is the trend basically has been down. we've been sideways for a couple months. and now four out of six months showing contraction. in terms of the market, we're still continuing to hold up pretty well. you notice we don't get any real panic here. that's because of the seasonal time of the year, partly. december to january. very big, strong two-month combination. a lot of people try to get in december, ahead of -- beginning of the month buying in january. the news has been manageable in europe. y
CNN
Dec 3, 2012 6:00am PST
are nowhere close to a deal to avert that fiscal cliff. the obama administration has laid out its plan calling for $1.6 trillion in new taxes. that includes letting the bush era tax cuts expire for those earning more than $250,000 a year. it's also pushing for a new $50 billion stimulus package and offering $400 billion in new cuts to medicare and other entitlement programs. but republican house speaker john boehner flatly rejected the plan on the table and what he calls the white house's unwillingness to compromise. >> i was just flabbergasted. i looked at him, i said, you can't be serious. i've never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. >> you know, i think right now the best thing to do is for them to come to us and say, look, here's what we think makes sense. we've told them what we think makes sense. what we can't do is try to figure out what's going to be good for them. they have to come tell us. >> house minority leader and democrat nancy pelosi also jumping into
Search Results 0 to 13 of about 14